President Trump took to Twitter Saturday morning to reiterate his disdain for the media and suggest a gathering of his own supporters would be the "biggest [rally] of them all," after which he turned to economic matters.
Trump's tweet about the debt appears to reference the U.S. Treasury's daily history of the national debt. The debt presently sits at nearly $20 trillion, of which the $12 billion Trump takes credit is 0.06 percent.
As The Hill notes, the national debt spiked in February of 2009 mostly because the American Recovery and Reinvestment Act, also known as the stimulus bill, which cost $831 billion and remains controversial eight years later. Both President George W. Bush and President Obama doubled the national debt during their time in office, from about $5.6 to $9.9 trillion and $9.9 to $19.9 trillion, respectively.